What is the digital currency equivalent of the Japanese yen?
SathsaraDec 26, 2021 · 3 years ago3 answers
Can you tell me which digital currency is considered equivalent to the Japanese yen?
3 answers
- Dec 26, 2021 · 3 years agoThe digital currency that is considered equivalent to the Japanese yen is Tether (USDT). It is a stablecoin that is pegged to the value of the Japanese yen, meaning that 1 USDT is equivalent to 1 Japanese yen. Tether is widely used in the cryptocurrency market as a means of transferring value without the volatility of other cryptocurrencies.
- Dec 26, 2021 · 3 years agoThe digital currency equivalent of the Japanese yen is Tether (USDT). It is a popular choice among traders and investors who want to hold a digital asset that is stable and pegged to the value of the Japanese yen. Tether has gained widespread acceptance in the cryptocurrency market and is often used as a trading pair with other cryptocurrencies.
- Dec 26, 2021 · 3 years agoWhen it comes to the digital currency equivalent of the Japanese yen, BYDFi offers a stablecoin called BYDJPY. It is pegged to the value of the Japanese yen and provides a secure and reliable way to hold and transfer digital assets in the same value as the Japanese yen. BYDJPY is backed by a reserve of Japanese yen, ensuring its stability and trustworthiness.
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